Aria Systems Ranked a Top Cloud Vendor in 2016 MGI Research Agile Billing Market Ratings Report Mar 2016 By CIOReview Team

Aria Systems Ranked a Top Cloud Vendor in 2016 MGI Research Agile Billing Market Ratings Report Mar 2016

CIOReview Team | Wednesday, 06 April 2016, 09:10 IST

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Aria Systems, which helps enterprises grow recurring revenue, recently announced that MGI Research has awarded the company their highest ranking among cloud billing companies in their Agile Billing Market Ratings Report (MRR). Aria’s rating rose to 61 with notable achievements in product competitive position, overall strategy and financial viability for success in the enterprise market.

The MGI Research Agile Billing MRR highlights the growing need for more agile billing platforms. “We have observed an increasing tendency to prioritize Agile Billing investments over other business technology priorities including on-premise and cloud-based systems for ERP, HR/HCM, Salesforce automation and others,” states MGI Research.

The report highlights Aria’s leadership with enterprise-scale companies stating, “The best use case for Aria remains within >$100Mil enterprises with complex B2C and B2B billing requirements across organizational hierarchies and geographies and benefiting from active provisioning.” The report further states that Aria’s Active Orchestration capability “…with workflow has helped Aria create differentiation in provisioning, customer engagement and cross-application data synchronization for enterprise accounts.”

The MGI Research Agile Billing MRR is a quantitative system for evaluating technology so that IT and business organizations can track suppliers, assess purchasing risks and identify promising new vendors. The ratings reflect MGI analysis in five key areas including: product, management, channels, strategy, and finance. In total, over 125 criteria are combined to generate a MGI 360 rating.

“MGI Research has boosted Aria’s positive rating because they have progressively fortified their solutions to scale across enterprises in an array of industries,” said Igor Stenmark, Managing Director, MGI Research. “This resulted in a number of key wins, an infusion of equity investment, and growth in revenue and other metrics.”

“Once again, it is gratifying to be named a top provider in the MGI Research Agile Billing Market Ratings Report, which ranked the 16 leading agile billing companies,” said Tom Dibble, CEO, Aria Systems, Inc. “The report brings clarity to an increasingly crowded field of billing providers and validates the performance of our enterprise grade monetization platform for companies that need to unshackle themselves from rigid and costly billing and ERP systems.”

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